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Updated
A rare moment of inverse fisher action on the daily. Whole action could take maybe 2 weeks.
Expecting first bottom within 3 days, which won't be a buy signal yet. - See previous inverse fisher action.
Daily sell signal was 2700-2800, daily buy could be between 1900 - 2100.
Expecting first bottom within 3 days, which won't be a buy signal yet. - See previous inverse fisher action.
Daily sell signal was 2700-2800, daily buy could be between 1900 - 2100.
Trade closed manually
tradingview.com/chart/XTFMYnPP/Note
Drop materialized but took wayy longer than expected! In the meantime, 1D iF plotted a consolidation zig-zag nothing: image.prntscr.com/image/o7WoY6UTSjq33NNFcJym0Q.png .. and started reaching bottom.
The bottom is not a signal and iF can stay near bottom for any amount of time :( buy signal is convincing bounce from the iF bottom and crossing -0.5
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